What Should China Do When Its Capital Account Is Open?

China has become one of the world’s most important investors and capital exporters, stepping into a new phrase of “GNP” from “GDP” and reversing the mechanism of capital-free flow. So it is imperative to speed up the opening of its capital account.

Zhang Monan, Researcher, China Int'l Economic Exchanges Center via CHINA US Focus http://ift.tt/1JBA3jj